Assisted Reproductive Technology (ART) Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023
Global Assisted Reproductive Technology (ART) Market: By technology (In-Vitro Fertilization, Artificial Insemination, Surrogacy, Others), By Procedure (Fresh Non donor, Fresh Donor, Frozen Non Donor, Frozen Donor, Embryo Banking), End Users (Hospitals, Fertility Clinics, Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
Market Dynamics: Assisted Reproductive Technology (ART) Market
Assisted Reproductive Technology (ART) is a treatment for infertility, performed to achieve the childbirth. ART procedures include stimulation of ovaries to increase the egg production or artificial insemination or combining the sperms and eggs in the laboratory (in vitro) and embryo is transferred to woman to attain the pregnancy. Increase in the number of infertility cases, government initiations to address the infertility incidences, high disposable income in developed countries, increase in population with obesity and mental stress due to change in lifestyle, and rise in consumption of tobacco and alcohol are anticipated to propel the assisted reproductive technology (ART) market over the forecast years. However, high risk of birth defects, high cost of treatment, dearth of skilled professional in underdeveloped countries, and ethical issues may hamper the growth of assisted reproductive technology (ART) market.
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Market Scope: Assisted Reproductive Technology (ART) Market
Assisted reproductive technology (ART) market is segmented on the basis of technology, procedure, end-user and region
Based on technology, the market is segmented into the following:
• In-Vitro Fertilization
o Preimplantation Genetic Diagnosis
o Intra-cytoplasmic Sperm injection
• Artificial Insemination
o Intracervical Insemination
o Intrauterine Insemination
o Others
• Surrogacy
• Others
Based on the procedure, the market is segmented into the following:
• Fresh Non donor
• Fresh Donor
• Frozen Non Donor
• Frozen Donor
• Embryo Banking
Based on the end user, the market is segmented into the following:
• Hospitals
• Fertility Clinics
• Others
Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Regional Analysis: Assisted Reproductive Technology (ART) Market
Geographically, global Assisted Reproductive Technology (ART) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa regions. North America assisted reproductive technology market growth driven by high awareness about assisted reproductive technology among U.S. population, government support for the infertility treatment, rise in prevalence of obesity and stress due to change in lifestyle. Europe assisted reproductive technology market expected to present lucrative growth owing to adoption of newer technologies for infertility treatment, high success rate in assisted reproductive technology, and increase in the prevalence of infertility Spain, Russia, U.K., and Germany. Asia Pacific assisted reproductive technology market expected to account for significant share due to rise in infertility cases, late family planning, and availability of technologically advanced fertility services in the region. Latin America assisted reproductive technology market has a notable share in global market owing to expansion of business by the companies, rise in awareness about infertility treatment, and rise in healthcare expenditure are bolster the market. Middle East and Africa assisted reproductive technology market is poised to grow over forecast period owing to economic growth in the Middle East countries and increase in the infertility due to malnutrition in women are expected to upsurge the revenue of market.
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Competition Assessment: Assisted Reproductive Technology (ART) Market
Key players profiles in the global assisted reproductive technology (ART) market include:
• Irvin Scientific (U.S.)
• Origio A/S (Denmark)
• Microm UK Ltd (U.K.)
• Parallabs Ltd (U.K.)
• Cryolab Ltd. (U.K.)
• Merck KGaA (Germany)
• Vitrolife AB (Sweden)
Notable Market Developments: Assisted Reproductive Technology (ART) Market
• In January 2016, Irvine Scientific acquired BioCare Europe S.r.l. for strengthening its in vitro fertilization (IVF) portfolio
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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